Current:Home > InvestJim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers -Secure Horizon Growth
Jim Harbaugh buyout: What Michigan football is owed as coach is hired by Chargers
View
Date:2025-04-15 08:13:17
Jim Harbaugh is headed back to the NFL.
Michigan football's coach since 2015, who just took the Wolverines to a national championship victory this season, was hired by the Los Angeles Chargers on Wednesday night.
Harbaugh, who coached the San Francisco 49ers before heading to Ann Arbor, now owes Michigan a buyout for breaking his contract. Michigan is due $1.5 million for his move to the NFL, a significantly small sum for a NFL franchise to manage.
Harbaugh reportedly was negotiating ways to keep his buyout low with Michigan as the Wolverines tried to keep their coach. But ultimately, he ended up rendering the conversation moot by joining the Chargers.
What are Jim Harbaugh's buyout, contract details?
Harbaugh's buyout to leave Michigan football is $1.5 million, according to the latest copy of the contract obtained by the USA TODAY Network.
For comparison, Kalen DeBoer owed Washington $12 million when he accepted the Alabama job.
When he was negotiating with Michigan, Harbaugh sought a delay in the start of his new contract so as to keep the buyout low.
The terms of Harbaugh's contract with the Chargers are unknown.
veryGood! (92614)
Related
- Meta releases AI model to enhance Metaverse experience
- 3 dividend stocks that yield more than double the S&P 500
- 'Dune: Part Two' release date, trailer, cast: When does sci-fi movie release in the US?
- Brandon Jenner, wife Cayley are expecting third child together
- Highlights from Trump’s interview with Time magazine
- Former TV reporter, partner missing a week after allegedly being killed by police officer in crime of passion
- SAG-AFTRA adjusts intimacy coordinator confidentiality rules after Jenna Ortega movie
- Tennessee replaces Arizona as No. 1 seed in NCAA men's tournament Bracketology
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- These Are the Most Viral SKIMS Styles That Are Still in Stock and Worth the Hype
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- NTSB: Engine oil warnings sounded moments before jet crash-landed on Florida highway, killing 2
- San Francisco is ready to apologize to Black residents. Reparations advocates want more
- Opportunities for Financial Innovation: The Rise of Alpha Elite Capital (AEC) Corporate Management
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Man known as Dirty Harry arrested 2 years after family of 4 froze to death trying to enter U.S. from Canada
- Georgia lawmakers approve tax credit for gun safety training, ban on merchant code for gun stores
- San Francisco is ready to apologize to Black residents. Reparations advocates want more
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
The Best Skin-Plumping Products Under $50
'Dune: Part Two' release date, trailer, cast: When does sci-fi movie release in the US?
Alec Baldwin's 'Rust' trial on involuntary manslaughter charge set for July
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Dan + Shay sass Reba McEntire during 'The Voice' premiere: 'Don't let her sweet talk you'
SZA, Doja Cat songs now also being removed on TikTok
Bears want to 'do right' by Justin Fields if QB is traded, GM Ryan Poles says